Lahore: PACE Pakistan Limited has announced the rescheduling of its Board of Directors meeting originally set for June 11, 2025. The meeting is now slated to take place on June 20, 2025, in Lahore. This change was made to consider an agenda separate from the company's financial results.
The company has implemented a "Closed Period," effective from June 4, 2025, to June 20, 2025, in compliance with Regulation 5.6.4 of the P50 guidelines. This regulatory measure is designed to ensure transparency and prevent insider trading by prohibiting the trading of the company’s shares by insiders during this timeframe.
According to information available from the Pakistan Stock Exchange (PSX), the decision to reschedule aligns with standard corporate governance practices, ensuring that all necessary protocols are adhered to during the closed period.
PACE Pakistan Limited operates within the designated market category of real estate, and the forthcoming meeting aims to address significant operational matters beyond the scope of financial disclosures. The company remains committed to maintaining robust governance standards throughout its decision-making processes.